Skip to main content

About your Search

20130102
20130102
SHOW
Today 3
( more )
STATION
MSNBCW 8
KPIX (CBS) 7
KGO (ABC) 6
WJLA (ABC) 5
WRC (NBC) 5
WTTG (FOX) 5
CNBC 4
CNNW 4
CSPAN 4
FBC 4
KTVU (FOX) 4
WBAL (NBC) 4
WMAR (ABC) 4
WUSA (CBS) 4
KRON (MyNetworkTV) 3
( more )
LANGUAGE
English 93
Search Results 0 to 49 of about 93 (some duplicates have been removed)
MSNBC
Jan 2, 2013 2:30am PST
as much. >> that was president obama last night following a late house vote passing a fiscal cliff compromise after making his remarks the president who came out a big winner in the deal dropped the mike and literally left the building heading back to hawaii to finish his vacation with the first lady and their daughters. good morning, happy new year. i'm marc halperin, we have a lot to get to including a controversial decision by house leaders to not take a vote on hurricane sandy relief. some members of congress on both sides of the aisle are speaking out. first the big story on capitol hill and for the country this morning, a bill to avert the fiscal cliff awaits president obama's john hancock. around 11:00 p.m. eastern last night, the republican-led house gave final approval to a deal that will raise taxes on the wealthiest americans, and postponing the automatic spending cuts for two months. the package, which would be signed by the president as early as today preserves the bush era tax cuts for individuals who earn less than $400,000 a year and households earning less than $45
ABC
Jan 2, 2013 11:00am PST
. >> the stock market surged as wall street reacted. late last night congress finally sent president obama legislation. >> this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. >> but at one point it looked like the deal could fall apart. >> there is some on spending cuts and we are adding to the debt. >> what we are doing is raising taxes to give the president more money to spend. >> some republicans were pushing to john boehner to add spending cuts but there weren't enough votes to get it passed. so they extended tax cuts for all workers for all those under $400,000 and extended unemployment benefits for some two million people. but the payroll tax expired so increase on salaries by 2% every worker up to $110,000 a year. then the stuff it didn't do. congress set up new ones, in just two months they will need to deal with the automatic spending cuts and nasty fight over the debt ceiling. last night president obama declared he is not willing to debate congress on the borrowing limit. >> we can't not pay bills that we have already i
ABC
Jan 2, 2013 4:30am EST
in this fiscal cliff so down. the house gave final approval for a bill late tuesday night. >> president obama thanked congress and asked that future negotiations not involve much trauma. --drama. >> they finally got it done. congress and the along from all over the fiscal cliff, with house republicans reluctantly passing the senate bill. >> i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle-class tax hike that could have sent the economy back into recession. >> it appears the bill was headed for defeat. house republicans did not want to raise taxes without significant cuts in government spending. >> there are no spending cuts. we are adding $4 billion a day to the debt and we fell ilk -- feel like the senate bill failed miserably. >> they decided not to drag out the fight in the longer and risks taking the blame for massive tax hikes for nearly a met -- for nearly every american worker. >> what is the alternative? >> the bill shields those earning less than $400,000 a year from tax increases and extend unemployment benefits. it does not raise the
ABC
Jan 2, 2013 5:00pm EST
this morning. late last night congress finally spent president obama legislation. >> this law is just one step in the broader effort to strengthen our economy oar at one point it looked like the deal could fall apart. >> there's no spending cuts. we're adding $4 billion a day to the debt what we're really doing is raising taxes to gift president more money top spend. >> reporter: some republicans were pushing house speaker john boehner to add new spending cuts, but ultimately, there weren't enough votes to get that passed. so the house approved the senate measure. it prevent as tax hike on estates less than $5 million and extends unemployment benefits for some 2 million people but the payroll tax could expire, which means an increase on salaries by 2% for workers earning up to $110,000 a year. then stuff the bill didn't do. to avoid this fiscal cliff congress set up new ones. two ones they will have to deal with the automatic spending cuts. there lab nasty fight over the debt ceiling. last night president obama said he's not willing to debate congress on the borrowing limit. >> we can not not
ABC
Jan 2, 2013 6:00pm EST
enough to help the middle class. last night, president obama conceded he was supporting deal only after failing to get a bigger and better agreement. >> the fact is, the deficit is still too high and we're still investing too little in the things we eat. >> as congress prepares for another showdown over the debt ceiling, conservatives are criticizing the deal. a coalition of business and public leaders pushed hard for a deal to grow the economy. >> they can't solve these problems ahead of time and when they get the deal, it's not even a real deal. >> house speaker john boehner laurence state tirade of expletives that harry reid right outside the house speaker a dictator on the senate floor. you can expect more of that tension in the weeks to come. >> stay with us for complete coverage of the fiscal cliff deal and what could happen in the next few months. for more on the impact on you and your family, the 02 -- go to wjla.com and our social media websites. >> the other story is the failure of congress to come up with a comprehensive relief package for the victims of hurricane sa
NBC
Jan 2, 2013 4:00am EST
. >>> cliemg back up the fiscal cliff. president obama praising a late night deal keeping many americans' taxes from going up. good morning, i'm aaron gilchrist. >>> i'm eun yang. welcome toian 2, 2013. president obama says he'll sign off on a measure to limit the damage caused by going over the cliff. the house gave final approval last night nearly 24 hours after the senate voted in favor of it. the legislation will keep taxes in place for americans who earn less than $400,000 a year and for couples who earn less than $450,000. it will extend long-term unemployment benefits and much more on the vote in just a few minutes. >>> a news session of the council begins with inauguration of six members. david grass owe is is the only new. he beat out michael brown. re-elected include vincent orange, jack evans, yvette alexander and marion barry will begin new four-year terms. it will begin after the 10:00 swearing in with an organizational meeting. they will assign council members to committees. >>> also this morning, same sex couples can begin to hold public courthouse wedding ceremonies in montgomer
FOX
Jan 2, 2013 6:00am EST
, that was just five months ago. president obama last night warned republicans not to hold the government hostage over the debt ceiling again. >> we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. >>reporter: now, the u.s. went over its debt limit of $16.4 trillion debt limit on monday. yesterday treasury secretary timothy geithner sent a letter to congress telling them that the treasury has begun to take extraordinary measures to keep paying its debts but warned that those measures will run out on february 28th. wisdom and sarah. >> all right, melany, thank you. >>> after days of dealing with fiscal cliff negotiations, president obama will return to hawaii to finish his vacation. the president left last night and the obamas began their annual end-of-the-year vacation back on december 21st, but the president, of course, forced to return to the white house last week for fiscal cliff tal
FOX
Jan 2, 2013 4:25am EST
to finish his vacation. the president left late last night. the obamas began their annual end-of-the-year vacation back on december 21th, but mr. obama was forced to return to the white house last week for fiscal cliff talks. the obama family returns to the white house this weekend. >>> taking a look at some of the big stories now, classes will resume this morning for students and teachers at sandy hook elementary who survived last month's tragic shooting. classes will be held in another building near the school in newtown, connecticut. experts say it is important for children to get back into some sort of a routine and for teachers and parents to offer some reassurance. 20 children and six adults were killed at the school back on december 14th. >>> schools across the nation continue to evaluate their security procedures following the connecticut school shooting. in staffford county, the sheriff's department will have deputies check on schools throughout the day. school officials want to emphasize the stepped-up presence is not in response to any threat and it's just a precau
ABC
Jan 2, 2013 1:40am PST
, and they didn't even get it done in time. but last night congress sent president obama a deal on the fiscal cliff. after months of drama and some tense last-minute negotiations, congress finally passed legislation to avoid the fiscal cliff. after the vote, a rare late-night statement from president obama. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: lawmakers completely blew their deadline. they didn't get the grand bargain both parties claimed was their ultimate goal. both democrats and republicans gave themselves credit for getting something done. >> this is a very, very strong first step. >> this is an important one. this is a critical one for the future of the country. >> reporter: there was considerable hand ringing among republicans about a lack of spending cuts. some wanted to add them in, but ultimately there weren't enough votes to get it passed. this fiscal cliff deal, which passed the senate with overwhelming bipartisan support would extend tax cuts for all workers earning less than $400,000 a year,
LINKTV
Jan 2, 2013 8:00am PST
billion in 2013. shortly after last night's vote, president obama described the deal. >> under this law, more than 98% of americans and 97% of small businesses will not see their income taxes go up. millions of families will continue to receive tax credits to help raise their kids and send them to college. companies will continue to receive tax credits for the research they do, the investments they make, and the clean energy jobs they create. 2 million americans who were out of work, but out there looking, pounding the pavement every day, will continue to receive unemployment benefits as long as they are actively looking for a job. but i think we all recognize this lot is just one step in the broader effort to strengthen our economy and broaden our opportunity for everyone. the fact is, the deficit is still too high. and we are still investing too little in the things that we need for the economy to grow as fast as it should. >> the deal lays the groundwork for future battles between democrats and republicans over decisions on federal spending and debt. obama told congress he expected t
FOX
Jan 2, 2013 5:00am EST
night press conference, president obama left washington to resume his vacation in hawaii. we're told that he can sign that bill by auto pen or the bill can be known to hawaii for his signature. now, as we mentioned, this certainly did not have a lot of republican support. 2-1 republicans in the house voted against this measure, concerned that there weren't spending cuts attached to it and with very little faith that those spending cuts will actually materialize without political pressure. and as we know, this is setting up quite a big budget battle for the next two months. back to you guys. >> melanie alwick reporting live. thank you so much. >>> checking our top stories this morning, classes will resume tomorrow for students and teachers of sandy hook elementary who survived last month's tragic shooting. classes will be held in another building near the school in newtown, connecticut. experts say it is important for children to get back into a routine and for teachers and parents to offer reassurance. 20 children and six adults were killed at the school on december 14th. >>> a com
NBC
Jan 2, 2013 5:00pm EST
by president obama's remarks last night. >> we will not have another debate with this congress over whether or not they should be the bills that they have already rack up. >> if the president thinks he 'not going to negotiate, he better thing again. >> john boehner signaled a return to a hard line on spending by delays a vote on aid to the victims of hurricane sandy. several members of his own party immediately and loudly blasted him this afternoon, including new jersey governor chris christie. the speaker has now scheduled a vote for friday and a second vote on january 15th. >>> and the speaker has just responded to that criticism through a spokesman this evening. nbc news correspondent mike viqueira is nbc's washington bureau right now. mike, how much support does the speaker have right now to stay in that position? >> you know, jim, that's a great question. there's been a lot of speculation over the last couple days. after all that turmoil yesterday, where there was a back and forth, a question whether house republicans would go along with the overwhelming bipartisan vote, there were rep
ABC
Jan 2, 2013 1:05am PST
cliff. after the vote, a rare late-night statement from president obama. >> this law is just one step in the broader effort to strengthen our economy and broaden the opportunity for everybody. >> lawmakers completely blew their deadline. they didn't get the grand bargain that both claim was parties claim was their ultimate goal. but tonight both democrats and republicans gave themselves credit forgetting something done.y, veryis a very, very strg first step. >> this is an important one. this is a critical one for the future of the country. >> there was considerable happened wringing about a lack of spending cuts. some wanted to add them in, but ultimately there weren't enough votes t passed. passed. the bill was overwhelming bipartisan support would extend tax cuts for all tax earners earning less than $400,000 a year and tax hikes on those estates worth $5 million. and benefits set to expire for some two million people. since congress missed the january 1st midnight deadline, technically the country did go over the fiscal cliff, but bypassing the compromise deal in the house and the
MSNBC
Jan 2, 2013 7:00am PST
to be about an eight. hopefully the republicans will listen to what obama said last night and not play politics with something that's very important for our economy. >> gentlemen, good to see you. >> day four in the hospital for hillary clinton after doctors found a blood clot in her brain. this is an uncommon complication from a concussion but doctors say she is doing well. >> our chief health correspondent is with me. bob, robert, how's she doing? what's going on? >> we have no word, other than what they're saying she's good. it wouldn't be unusual for someone to be in the hospital this long because adjusting the blood thin ser a difficult and common task. >> so people shouldn't read too much into it that she's been in the snopt. >> not at all. it takes a while to get the dose right. >> when they hear a blood clot near the brain, that sounds super serious. >> it was serious. it is serious. she had a very serious problem, which had the potential if the blood clot got larger -- we have an illustration of it -- and that vein drains blood from the brain to the rest of the body and if you
CBS
Jan 2, 2013 6:00am PST
, a new fiscal bill is set to go once it gets the signature of president obama. late last night the house passed the bill which the senate approved less than 24 hours earlier. president obama plans to sign it in hawaii, where we understand he just returned moments ago to resume his family vacation. the bill addresses some of the nation's divisive fiscal issues but otherrishes still are yet to be resolved. >>> we continue to following developing news this morning. fire and public works crews are still working on water main breaks in hayward. these are live pictures from chopper 5. you can see they had to shut down lanes of traffic on jackson street right there near the highway 92 off-ramp. police tell us the water has not damaged any properties so far. according to officers on scene the water may be capped now in under 30 minutes. so that's great news there. >>> a lot of folks have had the day off and that's good news because it's chilly outside. >> it is cold. stay inside with a blanket and turn up the heater. very cold turbulence outside right now -- very cold conditions out sight ride n
FOX
Jan 2, 2013 12:00pm PST
cliffs. we are gonna look back on this night and regret it. >> president obama rejoined his family in hawaii this morning. the white house had no immediate details when the president will receive and sign the bill. >>> well, stocks are sharply higher due to the fiscal cliff deal but some market watchers are cautioning that the euphoria could be short-lived because of the many challenging issues that remain unresolved. the dow is slightly off, but remaining up more than 200 points. it's up now 235 at 13,339. well, despite the fiscal cliff deal, everyone's paycheck will still be at least a little bit smaller this year. ktvu's janine de la vega is in los gatos to explain about the end of the payroll tax holiday. >> reporter: good afternoon. this tax cut has expired and it will affect every wage earner. most people that we spoke to this morning had no idea that it would affect their paychecks this year. now, here's what workers need to know -- the -- the past two years, americans were enjoying a boost in their paycheck. they lowered the social security tax to 4.2%. that measure was put
PBS
Jan 2, 2013 2:30pm PST
passed a tax plan late last night and sent it to president obama. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we look at how the vote came about and sort through some of the political consequences as a result of what's in the bill and what's not. >> brown: then, new killings in pakistan, we look at the uptick in violence against aid workers and women teachers with "washington post" foreign affairs reporter pam constable. >> woodruff: paul solman takes us inside a company that turns a profit by employing an unusual workforce. >> a massachusetts manufacturing firm founded in 1932 where the median age is 74 and rosa finnegan over there, is 100.
Current
Jan 2, 2013 3:00am PST
in the morning on new year's day late last night at about 11:00 the house caved in passed a vote, and passed the senate version, and president obama says he will sign it. we'll get into all of that and of course take your calls at 866-55-press. good to be with you here today. we're coming to you live on current tv, on your local progressive talk radio station and live on sirris tv for this hour only. peter ogburn, and dan henning here. >> we have been working hard. me and phone man phil have been holding down the fort. >> and our videographer siprion bolling who had a couple of days off as well. and we're all back. happy team. happy new year's eve. we celebrated with the millions of people in time square. the whole countdown. [ cheers ] >> that's not as boisterous as i'm used to hearing. >> stephanie: no. no. [ auld lang syne playing ] >> bill: maybe it is harder for drunk people to make a lott of noise. >> i was flipping it back and forth on tv. watch they did a two-hour tribute to dick clark before the countdown. >> bill: i'm sure that got big numbers. and the embarrassme
FOX News
Jan 2, 2013 2:00pm PST
of the fiscal cliff, it avoided all the real issues. president obama in his statement last night, one thing he said is we are not going to tax our way out of the entitlement spending problem. why have you not done anything for five years? now he says he is going to try to get more tax increases without being -- with a caucus that says we're not going to do anything on entitlement spending. basically -- oh, i almost said a bad word. pooch. >> dana: by the way, i hear they are taxing dog calendars, which is a great, great thing. by the way, president obama assumes that he treats america like he can throw high taxes, more spending and we've got higher gas prices. higher food prices. he calls it a recovery, saying the lib stick on your collar is tomato sauce. the idea is balance. ordering a meat lover's pizza and have a diet coke. >> bob: he does not deal with entitlement. he does not force it through. er thible if for legacy. he has two months to do it. the idea that republicans will -- >> dana: two months? bob that is behind us. will he deal with the entitlement? >> dana: i don't think you can.
FOX News
Jan 2, 2013 1:00pm PST
. >>guest: they do. obama said that the other night with the pep rally when he said if republicans think this is the last of the revenue measures they have another thing coming. this is obama who said he was not going to raise taxes on anyone making under $200,000. he now has raised taxes on 80 percent of the american public. >>neil: you are talking about the payroll tax, holiday expiring. >>guest: that counts. >>neil: people out what we are liking to see. obviously we have a lot more will to spend than anything else but so pay for that you have to get more money proposed. >>guest: right, but what will happen ironically and now republicans are complicity in this, we are actually going to see revenue for that upper income tax bracket go down. when you raise taxes on an segment of income, the tax revenue constricts. reagan showed us when you lower it, even significantly, you will see a significant increase in what the government gets back. we are headed in an implausible direction where tax revenue will be constricted and government spending is continuing and growing. so, what we are reall
FOX
Jan 2, 2013 4:30am PST
. we want to show you video of president obama boarding air force one. this was late last night. the president left after the house approved a senate bill. that is despite the objections of some house republicans. >> thanks to the votes of democrats and republicans in congress, i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back in a recession. >> i wish i could say this was a proud moment. a moment in which we started the year off right. in which the first of january was the first of great many good things. it isn't. we are kicking the can down the road. >> new members of congress will be sworn in tomorrow and over the next two months they will have to resolve the issues this last minute deal does not address. here are some of the provisions of the deal passed last night. a permanent extension of previous tax cuts for all taxpayers. expect for individuals making $400,000 a year. or couples making more than $550,000. and it postpones decisions on controversial spending cuts for two m
CSPAN
Jan 2, 2013 7:00am EST
bernanke. let's hear what president obama said last night before heading back to his vacation in hawaii. [video clip] >> more than 98% of americans and 97% of small businesses under this law will not see their income tax rise. millions of families will continue to receive tax breaks to help raise their kids and send them to college. companies will continue to receive tax credits for research they do and investments they make and the clean energy jobs they create. 2 million americans out of work that are out there looking every day will continue to receive unemployment benefits as long as they are actively looking for job. but i think we all recognize this lot is just one step in the broader effort to strengthen our economy and brought an opportunity for everybody. -- this law. the fact is the deficit is still too high. we are still investing too little in the things that we need for the economy to grow as fast as it should. that is why speaker john boehner and i originally tried to negotiate a larger agreement that would put the country on a path to paying down its debt while also putti
MSNBC
Jan 2, 2013 2:00pm PST
to the u.s. economy. >> congressman, last night president obama warned republicans not to try to turn raising the debt ceiling into a fight for cutting spending. take a look at what he had to say. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. >> what leverage does the white house have left if they've already now played the card on the precipice of the fiscal cliff with the election result at their back. why now going forward would they have the leverage to entertain some type of a grand bargain or to not have to negotiate over the fiscal -- the debt ceiling limitation. >> the answer is none, michael. when i heard the president said that, i thought good luck with that. >> right. >> the one thing that this republican-dominated congress has proven over the last four years that it can do is nothing. but we had two points of leverage. they had to deal with the sequ
CBS
Jan 2, 2013 6:00pm EST
of financial turmoil, at least for now, after the house passed a tax plan late last night and sent it to president obama. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we look at how the vote came about and sort through some of the political consequences as a result of what's in the bill and what's not. >> brown: then, new killings in pakistan, we look at the uptick in violence against aid workers and women teachers with "washington post" foreign affairs reporter pam constable. >> woodruff: paul solman takes us inside a company that turns a profit by employing an unusual workforce. >> a massachusetts manufacturing firm founded in 1932 where the median age is 74 and rosa finnegan over there, is 100. >> brown: and ray suarez talks with journalist and author claudia kolker about what she calls "the immigrant advantage." >> i began to ask foreign-born people what i call the question: what's the smartest thing that people did in your home country that you want to hang on to while you're here and the rest of us ought to copy? >> brown: th
CNBC
Jan 2, 2013 6:00am EST
president obama in his speech last night he says he won't negotiate those. the republicans can still hold this up in the house. >> i think it's kind of what grounds -- where the battle lines will be drawn. i think what the president says, i don't want to negotiate or don't think the deficit reduction or extending the debt ceiling is the proper policy tool to negotiate spending cuts. where the fundamental difference is here is the size and scope of government. i think the president has to come forward with some spending cuts, hopefully finding middle ground. i think we've seen some steps on the tax fronts. chairman camp was right on that regard. i hope we don't get back into the debt ceiling debate although we may. >> when is that supposed to happen if not in this nerkt rou -- next round of negotiations on the debt ceiling. >> you have the sequester two months ahead and clearly kicked the can down the road. you have a lot of windows to discuss spending cuts other than rai raising ting the debt ceiling i view. you have a number of natural opportunities to do that. >> there's no second oppor
MSNBC
Jan 2, 2013 3:00am PST
to avert the fiscal cliff awaits president obama's signature. around 11:00 eastern time last night, the republican-led house gave final approval to a bipartisan deal from the senate -- >> thank you, republicans. thank you, guys. you waited 20 years for this? >> on the wealthiest americans. >> you saved yourself for 20 years for this? >> while postponing automatic spending cuts for two months. >> joe is bitter. >> i am bitter. >> i would be. >> seriously, could the republican party have mismanaged this any worse? >> the package preserves bush air ya tax cuts for individuals earning less than $400,000 and households earning less than $250,000. it also extends unemployment benefits for a year. good morning, everyone. welcome to "morning joe." it's wednesday, january 2nd. with us on set, we have the president of the council on foreign relations, richard haass. we have former adviser to the bush administration and romney campaign, dan senor. this is going to be fun. >> yeah. yeah, yeah, yeah. paul ryan's guy. >> aye, aye, aye. >> mr. i'm going to vote to raise taxes. >> mr. vote respons
MSNBC
Jan 2, 2013 10:00am PST
. >>> president obama picks up where he left off in hawaii today after a late-night thank you at the white house to both sides for what they did accomplish. >> thanks to the votes of democrats and republicans in congress. i will sign a law that raises taxes on the wealthiest 2% of americans. >>> on wall street, stocks surge in reaction to the short-term deal, but house republicans have only just begun to fight. >> we also need to address the fundamental causes of our debts and deficits, and that's out of control spending. >> i think it's a little unreasonable for senator reid to say that something that they produced on new year's eve, produced by a bunch of sleep-deprived dock gentlem ed e should adopt within 24 hours. >>> the president tries to draw a line in the sign on the debt battles still to come. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >>> plus, hillary watch, just a short time ago, an suv carrying former president bill clinton left from an underground gara
CNN
Jan 2, 2013 6:00am PST
or longer. >>> back now to our top story of the morning, the narrowly avoided fiscal cliff, last night president obama declared victory on a campaign promise to raise taxes on the wealthiest americans but he made clear his distaste for the drama and partisan brinkmanship in this deal. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws that they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk, consumer confidence plunged, business investment plunged, the growth dropped. we can't go down that path again. >> while the president says that he won't negotiate, there is another battle brewing in washing
CBS
Jan 2, 2013 12:00pm PST
, and congress will soon be at it again. president obama landed in hawaii this morning to resume his vacation. he left washington last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done and neither republicans nor democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily altogether happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts and many republicans voted against it. >> i'd like to be speaking for this bill, but i can't. >> reporter: congress steered away from the "fiscal cliff" at the last minute but another showdown is just around the corner. in two months, the treasury will need to increase how much the country
CBS
Jan 2, 2013 6:00am EST
the bill late tuesday night sending it on to president obama for his signature. the deal keeps the bush era tax cuts for 99% of all americans. it also keeps unemployment payments for millions of others. the bill also delays spending cuts for two months so the new congress can address the issue in the coming months. >>> the president praised the fiscal cliff compromise saying he doesn't want a repeat of all the bickering when it comes to the future negotiations. he left immediately after commenting on the house vote so he could rejoin his family in hawaii. >>> our time is 6:54. >> one last check of weather and traffic right after n. keep it here on -- after this. keep it here on 9news. turkey sausage. turkey what? amazing. right? yeah. next one's on you. yeah, okay. introducing dunkin's new turkey sausage breakfast sandwich. the surprisingly great taste of turkey sausage on a pepper-fried egg with under 400 calories. try it, you'll like it. america runs on dunkin'. hurry in for dunkin's new turkey sausage breakfast sandwich today! (woman) 3 days of walking to give a break cancer survivor a l
MSNBC
Jan 2, 2013 8:00am PST
limit. >> one thing i'm trying to stress ises what's happened last night is going to be child's play compared to the debt limit. in terms of president obama having these big things he wanted to accomplish, he talked last night about energy reform, he talked about gun control, he's talked about immigration. a lot of his political capital is going to be used in the next 60 to 90 days on these budget wars. >> that's right. and these budget wars don't knowsly amount to legacy. here's a president who came in like most presidents thinking about a legacy, thinking about history. of course i think obama care will be part it haof it but i t he's looking at immigration and energy, a lot of thing he's wasn't able to do in the first term, to get them done in the second term. a lot of bad blood there between obama and the republicans but also some bad blood there between obama and the democrats. not a lot of -- i think not a lot of improvement obama has shown over he's last weeks in terms of his relationship with congress. i think that's something he certainly needs to work on if he's looking at
MSNBC
Jan 2, 2013 3:00pm PST
balance, more fairness, that is at the hard of this deal. that's what the house finally passed last night and is what president obama will sign into law. >> that's what will remain in place as long as i am pthd. everyone pays their fair share. everyone does their part. >> everyone pays their fair share. and everyone does their part. that's what president obama won in this deal for the country. first, he forced republicans to raise taxes on those earning more than $400,000 a year. he also extended unemployment benefits to 2 million americans who are out of work. people who desperately need help now. and he extended the stimulus tax break for working hch cla ingwos all across the country. the president did this without cuts in our safety net. the deal delays the automatic spending cuts for the start of the year and it doesn't include a single dime in cuts to medicare, medicaid or social security. republicans who know who won this debate have expressed it. just listen to this. >> we all knew the ptresident ws going to get his way. he wins. >> this is a complete surrender on everything. it's
NBC
Jan 2, 2013 11:00am EST
of president obama. the house passed the measure late last night that will keep taxes for going up for about 98% of americans. the president said he'll sign the bill into law. tracie potts breaks down what that will mean for you. >> the house stands adjourned until 10 o 10:00 a.m. tomorrow for morning-hour debate. >> reporter: lawmakers left capitol hill this morning after finally avoiding the fiscal cliff. >> at some point you strike a balance. >> reporter: 257 democrats and republicans voted for a bill that extends unemployment and middle-class tax breaks and keeps the alternative minimum tax from hitting working families and avoids a big cut in medicare payments and prevents tax hikes for 98% of americans. tax rates will go up for couples making over $450,000. democrats gave many on that. the republicans won a investigate ribby raising the estate tax threshold to over $5 million but the 2% payroll tax cut is gone! expect to see that hit your paycheck starting this month. >> tax relief has been achieved. now is the time for the president to work with congress to address government overspendin
FOX
Jan 2, 2013 7:00am EST
on this night and regret it. >> in his comments last night, president obama warned republicans he planned to ask for more revenue as part of his promised deficit reduction measures. republicans said they are going to work hard for cuts to entitlement programs as any part of the agreement to raise the debt limit. on monday, the u.s. did exceed $16.4 trillion debt limit. tim gietner sent a letter saying the treasury department has to start kicking in extraordinary measures and those measures will run out february 28th. >> all right. thank you very much. >> so congress's action means the income tax for most will not go up but you will see another tax hike this year. >> sarah simmons is back with us now to explain that. >> hey, a lot of people might be confused. there is a tax we are talking about and that is the payroll tax. this is the amount that gets taken out of your check to go towards social security. for the past two years it was reduced to 4.2% in order to give you a break. the fiscal cliff bill passed last night did not include an extension of the payroll tax cut so now the rate goes back
CBS
Jan 2, 2013 12:00pm EST
obama landed in hawaii this morning to resume his holiday vacation. he left washington late last night after lawmakers approved a bill that prevents a middle class tax hike and delays automatic spending cuts. congress and the white house struggled to get the deal done, and neither republicans or democrats seem pleased with the outcome. >> someone stop hitting you in the head with a hammer and you're supposed to say thank you so much for the relief. >> reporter: many voters are upset it took lawmakers so long to reach a compromise. >> i think we needed a deal. i'm not necessarily all together happy. >> reporter: the measure raises taxes on families making more than $450,000 a year and extends long-term jobless benefits for a year. but the package does not include spending cuts as many republicans voted against it. >> i would like to be speaking for this bill but i can't. >> reporter: congress steered away from this fiscal cliff at the last minute, but another showdown is just around the corner. in two months the treasury will need to increase how much the country can borrow and lawmaker
NBC
Jan 2, 2013 5:00am EST
the damage caused by going over the fiscal cliff is in the hands of president obama. the house passed a measure late last night that will keep taxes from going up for 98% of americans. the president has said that he will sign the bill into law. nbc's tracie potts is live on capitol hill now with more. tracie, good morning. >> 257, that's how many democrats mostly and some republicans as well voted in favor of this bill. it means that lawmakers are now headed, we saw them headed all to capitol hill early this morning. the president heads back to hawaii to continue his vacation that was broken while they tried to negotiate these tax increases, stop them from happening. this bill will extend unemployment for 2 million people who would have lost their checks beginning this year. middle class tax breaks and prevent a tax hike for 98% of americans. the fight is not over. in february, the debt limit needs to be raised so america can continue to pay its bills. republicans likely will insist on cutting spending. >> we can't simply cut our way to prosperity. cutting spending has to go hand in h
FOX
Jan 2, 2013 9:00am EST
with the fiscal cliff negotiations, president obama heads back to hawaii to finish his vacation. left andrew's air force base last night. >> the president was forced to return to the white house last week for fiscal cliff talks. the obama family returns to the white house this weekend. >> as you head back to work after a long holiday, it will cost you more to take the dulles toll road. a rate hike kicked in yesterday. the toll is now $1.75. using the on and off ramps will cost you $1. revenue will be used to pay for the dulles metro project. >> first priority for the dc council swearing in newest member. the council's new session begins today and members will be joined by david grosso. education and ethics reform will be his top priorities. will also be sworn in today. >>> more same sex couples set to tie the knot in maryland today. first day of the new year that civil ceremonies can be performed at the historic court house wedding chapel. new year's day was the day same sex marriage became legal. walnut point i nn invited same sex couples to get married for free yesterday. tony. >> some of our ot
ABC
Jan 2, 2013 4:30am EST
-- a soft landing. last night republicans reluctantly passed the billaverting the fiscal disaster. >> president obama praised the deal and returned to his hawaiian vacation. >> reporter: they finally got it done. congress ended the long drama over the fiscal cliff with house republicans reluctantly passing the senate's bill. >> i will sign the law that lays the taxes on the final 2% of the americans and preventing a middle class tax hike that could have sent the country into recession. >> reporter: house republicans didn't want to raise taxes without cuts in government spending. >> there's no spending cuts. we are adding 4 billion dollars to the debt and we feel like that the senate bill failed miserablely. >> reporter: house republicans decided not to drag out the fight any longer and risk potentially taking the blame for massive tax hikes on every american worker. >> what's the alternative? allow 4 trillion dollars worth of tax hikes to hit the american people market uncertain? >> reporter: the bill shields people earning less than 400,000 a year from tax increases and extends u
FOX
Jan 2, 2013 5:00am PST
. it happened just before 6:00 last night. officials say no one lost water due to thatbreak and no homes or businesses were damaged. >>> president obama is on his way back to hawaii rejoining his family vacation after the house of representatives late last night passed a last minute bill to avoid that fiscal cliff. here is video. you can see the president boarding air force one late last night. he left after the house voted to approve the u.s. senate bill passed earlier in the day. that is despite the pact that some -- despite the fact that some how representative -- house representatives don't like it. >> i will sign a law that raises taxes on the wealthiest 2% of americans while preventing a middle class tax hike that could have sent the economy back in recession. >> i wish i could say this is a proud moment. a moment in which we started the year off right in which the firstover january was the first of great many good things. it isn't. we're kicking the can down the road. >> tomorrow new members of congress will be sworn in and over the next two months they'll have to resolve the issu
FOX News
Jan 1, 2013 11:00pm PST
commentary on election night, quote, a couple of hours before president obama was declared the vick toy bill o'reilly offered his explanation why mitt romney was about to lose because it's a changing country it's not a traditional america anymore. in case anyone might be confused about the meaning of traditional, he elaborated, white establishment is now minority. in other words, the problem was too many voters of color. how vile. how vile. in other words, you pinheads have no right to lie about me by putting fabricated words in my mouth. that's not what i said. you disgrace the journalism industry. you seek to demonize anyone who disagrees with your far left view. am i being clear enough? the white establishment no longer dominates the political field in america. that is crystal clear. i don't lament that. i'm not pining for a return to calvin coolidge, i just reported it, but for crazed ideologues, that's inconsequence. they summed up saying, quote, it's encouraging that many republicans are repudiating and contemptuous, contemptible o'reilly-mitt romney world view. here is what's really c
PBS
Jan 2, 2013 3:00pm PST
by going back to work today, washington said its goodbyes to the 112th congress, after a late night of final suspense on the fiscal cliff legislation. it gave the president much of what he wanted on taxes, and left republicans sharply divided. for president obama, the end-- for now-- of the washington budget drama, meant returning to hawaii today to resume his holiday vacation. but last night, before leaving, he welcomed house approval of the fiscal cliff bill. >> a central promise of my campaign for president was to change the tax code that was too skewed towards the wealthy at the expense of working middle- class americans. tonight, we've done that. >> reporter: the final vote in the house was 257 to 167 on a bill the senate had already approved, it capped days of intense negotiations. the provisions will affect nearly all taxpayers. for individuals making at least $400,000 and couples making $450,000-- income tax rates will go up-- from the current 35% to more than 39%. for that same group, dividend and capital gains taxes will also rise to 20%, from 15%. and all income groups ge
FOX News
Jan 2, 2013 8:00am PST
no last night on the fiscal cliff deal but democratic president barack obama says the house passage of this bill reflects his principles. last night he said i was pleased. you heard a moment ago those remarks. president obama boarded air force one to rejoin his family on his vacation. we are awaiting official word how he will sign the bill which we hear is now being printed up the street at the capitol, jenna. jenna: peter, you know, when you see a stormy night like we did in the capitol, sometimes you expect clearer skies next day, people kind of relax and are getting back to the work. that is not the case when we see this hurricane sandy relief bill and the house did not bring it up. what is the latest reaction from the house delaying the vote on that bill. >> reporter: another stormy day, jenna. there is a lot of anger among especially members who represent new york and new jersey. congressman peter king said this morning that he is distraught the house of representatives did not vote last night on this bill for aid for sandy victims in the affected areas. president obama just a
KRON
Jan 2, 2013 6:00am PST
. the republican-led house of representatives agreed to compromise late last night less than 24 hours after the deal pass the senate. president obama now returning to hawaii today to rejoin his family. a water main break in hayward has cost of road closers. was the intersection of jackson and santa clara and we will have another live report coming at the top of the hour. a freeze warning is in effect for north bay interior valleys this morning until 9:00. this impacts our outdoor plants and pats. the freeze warning means temperatures are at or below 28 degrees for more it for two hours in the area. >> watching wall street with rob black and the dow industrial is soaring. the big deal, or is it a deal? they said they kept the taxes from rising on most americans but they did not get that much >> on every american with a job. 2%. people who make $400,000 to make biand live in g cities is going to come back up the next 60 days. wall street will freak out like they did this time. i keep telling you to buy the market. we had europe going crazy. by these markets. >> should people buy stocks or gen
Search Results 0 to 49 of about 93 (some duplicates have been removed)